Bangladesh (BGD) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Bangladesh-Tanzania Trade: In 2023, Bangladesh exported $6.88M to Tanzania. The main products that Bangladesh exported to Tanzania were Raw Tobacco ($2.51M), Packing Bags ($1.71M), and Packaged Medicaments ($1.45M). Over the past 5 years the exports of Bangladesh to Tanzania have increased at an annualized rate of 9.9%, from $4.29M in 2018 to $6.88M in 2023.

In 2023, Bangladesh did not export any services to Tanzania.

Tanzania-Bangladesh Trade: In 2023, Tanzania exported $24.4M to Bangladesh. The main products that Tanzania exported to Bangladesh were Raw Cotton ($15.7M), Wadding ($3.19M), and Bran ($2.97M). Over the past 5 years the exports of Tanzania to Bangladesh have increased at an annualized rate of 124%, from $436k in 2018 to $24.4M in 2023.

In 2023, Tanzania did not export any services to Bangladesh.

Comparison: In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bangladesh exported $6.88M to Tanzania. The main products exported from Bangladesh to Tanzania were Raw Tobacco ($2.51M), Packing Bags ($1.71M), and Packaged Medicaments ($1.45M). During the last 5 years the exports of Bangladesh to Tanzania have increased at an annualized rate of 9.9%, from $4.29M in 2018 to $6.88M in 2023.

In 2018, Tanzania exported $24.4M to Bangladesh. The main products exported from Tanzania to Bangladesh were Raw Cotton ($15.7M), Wadding ($3.19M), and Bran ($2.97M). During the last 5 years the exports of Tanzania to Bangladesh have increased at an annualized rate of 124%, from $436k in 2023 to $24.4M in 2018.

Exports from Bangladesh () to Tanzania () (2023)

Exports from Tanzania () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Tanzania ()

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Tanzania
Top DestinationIndia$1.74B

This map shows whether countries import more from Bangladesh or Tanzania. Each country is colored based on the difference in imports they receive from Bangladesh and Tanzania or the difference in the growth in imports.

In 2023, countries that imported more from Bangladesh than Tanzania included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Tanzania than Bangladesh included Uganda ($1.35B), South Africa ($1.15B), and United Arab Emirates ($1.62B).

Difference in imports from Tanzania () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Bangladesh and Tanzania by product, considering products traded by both, Bangladesh and Tanzania.

During 2023, Bangladesh had a large net trade with Tanzania in the exports of Foodstuffs ($2.51M), Textiles ($2.09M), and Chemical Products ($1.5M).

During 2018, Tanzania had a large net trade with Bangladesh in the exports of Textiles ($21.1M), Foodstuffs ($3.11M), and Vegetable Products ($216k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Tanzania+$1.05MPackaged Medicaments

Top Product Potential Tanzania Bangladesh+$6.37MRaw Cotton

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bangladesh and Tanzania. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Bangladesh.

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Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Tanzania () (2023)

Exports from Tanzania () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Tanzania ()

Tanzania Exports

Market Competitiveness

Difference in imports from Tanzania () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Tanzania () (2023)

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